Worse-than-expected July retail sales foreshadow a "slow, painful back-to-school season,"...

|By:, SA News Editor

Worse-than-expected July retail sales foreshadow a "slow, painful back-to-school season," analysts say, and shoppers are holding out to see whether stores will cut prices further. "The second of half of the year is where the reality is setting in," as retailers will face more difficult comparisons with a year ago and consumers keep spending in check. (ETF: XRT)